290 ELK DRIVE
About This Property
With moderate rehab needed-including repairs to the second bathroom-this property is ideal for buyers seeking sweat equity, part-time investors looking for a hybrid personal use/STR setup, or full-time investors seeking their next value-driven project. Enjoy access to Brier Crest Woods' amenities: a private lake, beach, playgrounds, and year-round security. Minutes from Big Boulder and close to Camelback, Kalahari, and other top Pocono attractions.
Being sold strictly AS-IS. A compelling opportunity for the right buyer ready to unlock this property's full potential.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 20, 2025 | Sold | ||
| Sold | |||
| Sep 26, 2025 | In contract | - | |
| In contract | |||
| Jun 16, 2025 | Relisted | $249,900 | |
| Relisted | |||
| May 15, 2025 | In contract | - | |
| In contract | |||
| May 7, 2025 | Listed by Keller Williams Real Estate-Blue Bell | $249,900 | |
| Listed by Keller Williams Real Estate-Blue Bell | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017